Standard recommendation for improving logging practices in tropical forests include lengthening concession agreements making concessions renewable, and requiring concessionaires to deposit performance bonds. In this paper we investigate the likely effectiveness of these recommendations by using...

Discrepancies in bilateral trade statistics for forest products have recently attracted attention as potential indicators of illegal trade practices. For example, if exporters understate quantities to evade export taxes or quotas, then one might expect reported exports to be less than reported...

Environmental management programs that attempt to cope with institutional weaknesses in developing countries by being less reliant on governments' formal regulatory apparatus are becoming increasingly common. Three leading examples of such innovative programs are (1) public disclosure and...

Hyde, Amacher, and Magrath (1996) imply that deforestation and timber rents (logging revenue minus logging costs other than timber fees) are not subjects that justify policymakers' attention, arguing that market responses limit the scope of deforestation ...

Considered at the landscape scale, economically efficient multiple use of forests may require land-use specialization. If managers attempt to satisfy legitimate multiple-use demands from society by managing all lands for all outputs, both commodity and amenity values of the forest may be...

Economic theory predicts that the current change in national wealth, broadly defined to include natural and human capital as well as produced capital ("genuine savings"), determines whether the present value of future changes in consumption is positive or negative. Theoretical research has...